Installment Loans in Mississippi
If you are looking for the easiest way to borrow money for an emergency, it's imperative to get in touch with a renowned online loan provider in Mississippi. As a resident of Mississippi, you should know that Mississippi installment loans are available in your area and we're here to guide you.
The availability of installment loans Mississippi makes it easy for individuals in Mississippi to borrow money fast when they are struggling financially and need to take care of a financial matter immediately.
Having access to a fast and easy cash loan in Mississippi can make life easier for any person in Mississippi who is in a financial bind. If you encounter money issues occasionally, you'll certainly be pleased to know that you can take out a loan to handle the matter and relieve your financial burdens. Whether you need to get money fast to pay your mortgage or to purchase expensive items like a home appliance or home improvement products, we're here to provide you with the service you need.
We are a top provider of top-notch financial solutions in Mississippi. We help people to obtain fast cash loans in Mississippi. We have a team of knowledgeable lending professionals and we are fully committed to rendering the best quality service to Mississippi area residents. We can give you access to the funds you need in less than 24 hours.
Before getting an online installment loan for any purpose, we encourage our customers to understand how this type of short-term loan works and how they can use it to meet their financial needs. Our team is here to provide the guidance you need and ensure that you have a pleasant experience.
About Installment Loans In Mississippi
Installment loans Mississippi are fast cash loans available to Mississippi residents who are dealing with a financial crisis. Mississippi installment loans online are a great option for any person in Mississippi who is cash-strapped and has to borrow money fast.
Borrowers are required to have a steady income so they can repay the installment loans Mississippi. Borrowers also have to be at least 18 years to apply for a loan in installment loans Mississippi. You don't have to have a great employment history or perfect financial record in order to be approved for an online Mississippi installment loan.
There are no spending restrictions when you obtain Mississippi online installment loans from our company. It is up to you how you want to use or spend your cash. Many people in Mississippi use their cash to take care of emergency situations or other pressing financial needs. You can use the cash from an installment loan online to pay down debt, pay for car repair, buy groceries or pay for a new appliance.
Applying For Installment Loans In Mississippi
No need to visit a loan office to submit an application. We have an online system that makes the process fast and easy for borrowers in Mississippi. Just log on to our site and provide the necessary details.
Within minutes you'll be presented with an installment loan estimate for your consideration. Then, a representative from our company will call to find out your decision and take you through the remaining steps.
Our rep will work with you to come up with the right repayment plan for your needs. Next, we will request your photo I.D. and any other necessary documents. You will need to tell our professional about your income. Everything can be processed in just a couple of hours. Once we finalize the process for an installment loan online, you will be given access to the cash.
Ready To Apply?
It is easy to feel as though you cannot resolve your financial issue and you have no way to get cash fast. However, now that you understand how installment loans Mississippi can help you relieve your financial burdens, you need to act fast and submit your application.
We have been providing excellent financial solutions for years and we have the resources to meet your borrowing needs.
Just take a couple of minutes to fill out the Mississippi installment loans application we've set up here on this website and our team will work fast to give you access to your money. If you have any question about Mississippi installment loans, give us a call right away.
Requirements to Apply
- Age requirement: You have to be 18 years or older to be apply.
- A checking account: You must have an active checking account.
- Living in the USA: Only permanent residents and/or citizens of the USA can be approved for a loan.
- Documented income: Evidence of a documented income will be needed to be approved.
State Regulatory Agency
Mississippi Regulatory Agency Contact Information:
- Mississippi Department of Banking and Consumer Finance
- 901 Woolfolk Building, Suite A
- 501 N. West Street
- Jackson, Mississippi 39225
- Phone: 601.359.1031
- Fax: 601.359.3557
Legal Regulations for Mississippi Installment Loans
- Statute Citation: Credit Availability Act: 75-67- 403 - 75-67-505
- Regulator: Department of Banking & Consumer Finance
- Interest and Permissible Fees: Monthly handling fee: 25% of outstanding principal; origination fee: 1% of amount disbursed to the consumer or $5.00, whichever is greater; delinquency fee: 10% of past due amount after 10 business days.
- Mississippi Average APR: 249-299%
- Maximum Loan Amount: $2,500
Credit Counseling Information
Personal installment loans should not be used as a long-term financial solution. They are geared for short-term financial needs only. A customer with credit difficulties should look into credit counseling. For more information, please see below:
- National Foundation for Credit Counseling: www.nfcc.org
- Consumer Credit Counseling Services: www.credit.org/credit/
- The Credit Counseling Professionals: www.consumercredit.com
- Credit Counseling Services: www.consolidatedcredit.org
Example of Installment Loans Terms and Repayment
- Loan Amount - $500
- Biweekly Payment - $85
- Duration in weeks - 26
- Total Due - $1,105
- APR - 360%
- Loan Amount - $1,000
- Biweekly Payment - $132
- Duration in weeks - 52
- Total Due - $3,432
- APR - 328%
- Loan Amount - $2,000
- Biweekly Payment - $258.29
- Duration in weeks - 34
- Total Due - $4,390.93
- APR - 275%